COFFEE LOANS

TERMTYPE OF LOANTARGET & PURPOSEREPAYMENT DURATIONINTEREST RATE
Short term loans:Coffee Processing loans (CPL)For Cooperatives, associations and estates who want to install or replace obsolete processing units.12 months7.5% PA, reducing balance
Cherry Advance (CHADV)For co-operatives to finance picking of cherry (Labour), processing of cherry and Transport of cherry12 months5% PA, reducing balance
Bulk Acquisition of Farm Inputs (BAFI)For Cooperative societies to purchase & transport farm inputs in bulk on behalf of their members12 months5% PA, reducing balance
Trade FinancingFor facilitation of Local/ International trade of crop produce and services, and financing against trade documents.90 days5% flat rate
Medium Term Loans:Wholesale Loan (WSL)Targets farmer based Saccos, unions, marketing and milling agents and financial institutions involved in agricultural lending, targeting primary production, milling activities and cherry and coffee parchment advances24 months

 

5% PA, reducing balance
Extended Advance (EXADV)Targets farmers in need of rehabilitating their crop by purchasing farm inputs & financing farm operations24 months7.5% PA, reducing balance
Line of Credit loanTargets cooperative societies and individuals to enable them to draw on the facility as and when the funds are needed.New applicants: 36 monthsIndividuals: 7.5% PA, on reducing balance
Long term Loans:Line of Credit loanTargets cooperative societies and individuals to enable them to draw on the facility as and when the funds are needed.Existing applicants: 60 monthsInstitutions: 5% PA, on reducing balance

 

Value Addition LoanSupporting processing or value addition to agricultural products.60 months7.5% PA, reducing balance
Coffee Establishment Loan (CEL)To support establishment of new coffee farms or increase acreage.60 months7.5% PA, reducing balance
Machinery and Equipment Loan (MEL)To support acquisition of  coffee farm, processing and milling machinery and equipment; farm & factory implements and equipment; replacement of unserviceable equipment, weighing scales, branding and packaging equipment60 months7.5% PA, reducing balance
Infrastructure Loans

 

To support critical construction works,  including construction of milling/ pulping station, drying tables, storage facilities, security walls and offices60 months7.5% PA, reducing balance
Water development/ Irrigation loansTo support access water and installation of irrigation system.60 months7.5% PA, reducing balance

(Processing fee: 1.5% of the amount requested)

All products and services